I was looking for a micro cap speccie explorer/developer to put about 15% of my $$$ in to. I shortlisted CXO, PIO, AUZ, AON, FND and TNR amongst others and ended up settling on ARD. My criteria was a mixed weighting of cash balance to market cap ratio, technical risk, near term development or exploration program catalysts, quality of board of directors and upside potential. I have patiently accumulated ARD over the last few months at an average of 2.2c. With today's news of drilling commencing this week the SP is 3c as I write which is a tidy 35% gain. I'm holding firm and holding on the potential of the drilling campaign. Given ARD is only 15% of my portfolio I am willing to risk a possible 50% capital loss if drilling disappoints for the potential reward of many multiples of the SP to the upside if drilling hits the goods. GLTAH
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ARD
argent minerals limited
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.36M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $24.21K | 1.152M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2552731 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 481742 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 2487731 | 0.021 |
11 | 3133500 | 0.020 |
11 | 1592131 | 0.019 |
6 | 2973325 | 0.018 |
8 | 1351842 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 481742 | 5 |
0.023 | 2092850 | 5 |
0.024 | 688625 | 5 |
0.025 | 472700 | 3 |
0.026 | 937300 | 4 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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ARD (ASX) Chart |